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Stock Market & Financial Investment News

News Breaks
June 3, 2014
09:02 EDTGRVY, NDAQGravity receives Nasdaq staff deficiency letter
Gravity (GRVY) announced that the company received a letter from the NASDAQ (NDAQ) indicating that the company failed to comply with the minimum bid price requirement for continued listing set forth in Nasdaq Stock Market Rule 5450(a)(1), as the bid price of the Company's American Depositary Shares had closed for 30 consecutive business days below $1.00 per ADS. In accordance with Nasdaq Stock Market Rule 5810(c)(3)(A), the company has a grace period of 180 calendar days, or until November 24, to regain compliance. The notification advises that such compliance can be achieved if, at any time before November 24, the bid price of the company's ADS closes at $1.00 or more per share for a minimum of 10 consecutive business days. Nasdaq Letter has no effect at this time on the listing of the company's ADS on the Nasdaq Stock Market. The Company's ADS will continue to trade on the Nasdaq Global Market under the symbol "GRVY." Gravity will monitor the bid price for its ADS between now and November 24, and will consider available options to resolve the deficiency and regain compliance with the Nasdaq minimum bid price requirement.
News For GRVY;NDAQ From The Last 14 Days
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July 30, 2015
15:00 EDTNDAQNASDAQ, Markit are potential suitors for IDC, WSJ reports
Nasdaq (NDAQ) and Markit (MRKT), in addition to some private equity firms, are potential bidders for financial data provider Interactive Data Corp., says the Wall Street Journal. A deal for IDC, which is pursuing a possible sale or IPO, could value the company at over $5B, including debt, added the Wall Street Journal. Reference Link
14:43 EDTNDAQNASDAQ, Markit have expressed interest in IDC, WSJ reports
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July 23, 2015
08:38 EDTNDAQNASDAQ says valuations in deal market 'frothy'
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08:16 EDTNDAQNASDAQ backs FY15 operating expense view of $1.085B-$1.11B
08:15 EDTNDAQNASDAQ says U.S. IPO win rate was 70% for Q2
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08:12 EDTNDAQNASDAQ CEO says NFX to begin trading tomorrow
Greifeld said, "As we move into the second half of 2015, we look forward to continuing our strong performance in foundational equity listings and trading businesses, working to accelerate growth through product enhancements and other initiatives, and to launching NFX, a broad-based partnership with leading market participants to bring more significant choice to the energy derivatives market." NASDAQ CEO Bob Greifeld made the comments in the company's press release and during its Q2 earnings conference call.
07:07 EDTNDAQNASDAQ reports Q2 EPS 83c, consensus 80c
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06:47 EDTNDAQNasdaq, NYSE plan deal for closing auction back ups, WSJ reports
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